US Bank & Kroger Rewards Cards Give Free Stuff

Kroger’s family of stores customers will earn free groceries and fuel discounts with every purchase when they use their “1-2-3 REWARDS” MasterCard, “Fred Meyer Rewards MasterCard”, “Ralphs rewards plus MasterCard” or the “1-2-3 REWARDS from U.S. Bank” prepaid debit Visa card. Beginning Nov. 8, existing cardholders’ accounts will transfer to U.S. Bank, which gives Kroger customers access to new benefits like mobile banking and 24-hour customer service. Cardholders who make purchases using their rewards card automatically earn points toward reward certificates for free groceries. Every dollar spent earns rewards points, with double points earned for purchases made in Kroger’s family of stores and triple points for buying store-brand products.

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TxVia Awarded Series D Investment

TxVia processing technology for prepaid and emerging payments has received a $27.5 million Series D financing led by investor Oak Investment Partners for a total investment to date of more than $55 million. The latest funding provides TxVia with expanded resources to respond to strong ongoing global demand for its processing solutions in the prepaid and emerging payment sectors with its platform-as-a-service (PaaS) delivery model for processing. Now in its fifth year, TxVia has more than 30 million cards on file and is on pace to double that number by yearend through organic growth and portfolio conversions. The Company processes general purpose reloadable (GPR), gift, incentive, government disbursement, payroll and expense management for program managers and issuers and offers processing solutions in other areas of emerging payments.

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Kash Mart Launches mPayments Solution

Kash Mart International has announced the first large-scale commercial roll out of
cash-to-phone money transfers worldwide. Comprised of 170,000 partner and agent locations worldwide
in more than 160 countries and territories, the network is making available its “Fast Kash Mobile Payment
System.” Currently in discussions with various banking partners and wireless carriers to introduce mobile
programs in other regions of the world, Kash Mart is aiming to service more agent locations with countries in Africa, Asia, Indo Asia, South
America, and CIS countires.

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ActivIdentity Intros New Server

ActivIdentity Corporation, a global leader in intelligent identity assurance, introduced its 4TRESS Authentication Server 7.0, which doubles the number of authentication methods available to customers. Armed with a total of 20 authentication methods, including 15 two-factor authentication methods and compliant with FFIEC guidelines and PCI-DSS mandate, it is the industry’s most versatile platform and most consistent management interface across multiple service channels.

ActivIdentity’s new 4TRESS Authentication Server shields banking customers against a host of threats, including man-in-the-middle and man-in-the-browser attacks. The new solution is easy to administer, fully localizable and 508-compliant. ActivIdentity offers multiple deployment options, including an appliance or local install.

“Our new 4TRESS Authentication Server is strong enough to meet the most difficult of mobile and online banking security challenges and versatile enough to support a full range of devices and methods across a wide spectrum of deployment options,” said Grant Evans, chairman and CEO of ActivIdentity. “We’ve broadened ActivIdentity’s existing platform to create the industry’s most convenient and consistent customer experience with flexible pricing and simple implementations.”

4TRESS Authentication Server 7.0 supports the latest open standards algorithms and 10 new authentication methods, including:

ActivIdentity Mobile token
ActivIdentity PC token
ActivIdentity Web token
DeviceID (Web Token SDK)
Out of Band SMS (password or verification code)
Out of band Email (password or verification code)
LDAP passwords
RADIUS authentication
“Banks are increasingly demanding security solutions with the flexibility to support multiple authentication methods and a consistent approach across different banking service channels including phone, mobile and Internet,” said Tom Wills, senior analyst, Risk, Fraud and Security at Javelin Strategy & Research. “Fraud attacks are rapidly evolving and the banks are understandably reluctant to implement inflexible solutions that may cease to be effective in the near future. The vendors that recognize these trends and offer flexible, extensible products will be the ones that succeed in this market.”

4TRESS Authentication Server 7.0 is capable of managing a full range of devices and tokens and is also available as 4TRESS Authentication Appliance for Banking.

About ActivIdentity

ActivIdentity Corporation is a global leader in strong authentication and credential management, providing solutions to confidently establish a person’s identity when interacting digitally. For more than two decades the company’s experience has been leveraged by security-minded organizations in large-scale deployments such as the U.S. Department of Defense, Nissan, and Saudi Aramco. The company’s customers have issued more than 100 million credentials, securing the holder’s digital identity. ActivIdentity is headquartered in Silicon Valley, California. For more information, visit www.actividentity.com.

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Visa Opens Network to Indie Developers

Visa has enhanced its “Authorize.Net Developer Center,” allowing independent developers to create
applications supporting electronic payments for major payment networks. The “Developer Center” builds
on “Authorize.Net’s” existing platform, which Visa acquired as part of the purchase of CyberSource earlier
this year. Now Developers will have access to the resources needed for rapid development and
deployment of payment applications that extend the value and power of electronic payments for
consumers, merchants and financial institutions. These can be
created to run on PCs and smartphones and could support applications such as eCommerce transactions,
mobile transactions, person-to-person payments and payments at
the physical point of sale.

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Trustwave Execs to Present on App Security

Trustwave’s advanced security team, known as “SpiderLabs,” responsible for application security, incident response, penetration testing, physical security and security research are set to deliver presentation on said topics. David Bryan will deliver “Pentesting for Fun…and Profit” to explore real world penetration testing methodologies, tools and techniques and how the service has evolved over the past few years and “Making a Sandbox for 10,000 Hackers” to explore ways to build a secure network infrastructure using enterprise-class hardware while on a tight budget. Meanwhile, Nathan Drier will present “Intro to Packet Capture Analysis” for decoding the languages that computers use to speak to each other; Rob Havelt will deliver “Exploiting a PCI Compliant Network: A How-to Guide” to explore the inaccurate perception that compliance with the PCI DSS automatically ensures an organization’s security; Eric Monti will deliver “iPhone Rootkit? There’s an App for That” to address the tools and techniques for developing rootkits on the iPhone; and Rodrigo Montoro will present “Scoring PDF Structure to Detect Malicious Files” to explore the recent surge in PDF malware attacks.

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Reliant PCI-DSS Solution Sees Record Adoption

Reliant Security PCI DSS compliance technology solutions for retail merchants Posted strong numbers for 1H/10. Reliant Security provides an integrated products and services platform for merchants to meet PCI DSS through its “Managed PCI System (MPS) Redbox” solution. The “MPS Redbox” adoption for retail merchants hit an all time high for a subsequent revenue all time high for a third straight year of increasing sales. The latest customers to adopt “MPS Redbox” include Urban Outfitters; Hudson Group; The Salvation Army Family Stores; and Total Wine & More. The “MPS Redbox” is an open architecture appliance designed to address all of the PCI technical requirements so merchants can achieve a successful PCI audit, delivering enhanced dynamic configuration for swift deployment across thousands of remote store locations.

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Infosys Launches Advanced mBanking

Infosys Technologies has introduced its “Finacle” mobile banking 2.0 comprehensive solution, offering retail and corporate consumers access to banking services through mobile SMS, GPRS, 3G and USSD-enabled handsets. Supporting multi-host, multilingual, multi-channel, multi-currency banking, it facilitates proximity payments, remote deposit capture, new account opening, ATM/branch locating based on GPS mobile ticketing, mobile top-up and mobile marketing. Two factor authentication and encryption ensure fidelity of transactions; it supports over 8000+ mobile handsets; is available with SMS messaging, browser-based mobile banking, rich client/download-based mobile banking or USSD messaging; and can be deployed in less than 30 days.

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NCR Posts 3Q/10 Revenue Up 6% Y/Y

NCR Corporation posted 3Q/10 revenue of $1.21 billion, up 6% from 3Q/09, $78 million of which was from continuing operations, compared to the year ago figure of $15 million. The 3Q/10 revenue from continuing operations included $50 million in pension expense, $39 million of income tax benefit and $6 million of incremental costs directly related to the relocation of the Company’s global headquarters. These results were thanks to EMEA revenue up 10% from 3Q/09; APJ regional revenue up 5% year-over-year; Americas revenue up 4% since the year ago period; and income from operations up $34 million by 29% from $29 million in 3Q/09. The Company also posted $360 million in cash and cash equivalents, an $87 million decrease from the $447 million the prior quarter and is projecting full-year 2010 revenues to increase in the range of 2 to 5% since the year ago period with full year 2010 Income from Operations of between $92 million to $102 million and GAAP diluted earnings per share from continuing operations of between $0.65 and $0.73. Client developments disclosed NCR began installing its “Solidcore Suite” for APTRA across Unicredit Bank’s entire multivendor ATM network across Russia; Barclays Bank implemented NCR’s outsourced management and maintenance services for its U.K. network of 550 remote and host-operated ATMs in a two-year agreement; and NCR introduced its “RealPOS 40” and “RealPOS 60” POS payment terminals.

REV ($) 3Q/09 VS 3Q/10
TOTAL : 1.14B 1.21B
Products : 541MM 600MM
Services : 594MM 607MM
Cost Prd : 433MM 475MM
Cost Srv : 478MM 486MM

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FiCentive & Redpack Launch Prepaid Mastercard

Focusing on the underbanked segment of Mexican immigrants, FiCentive turn-key prepaid card solutions and Redpack package and mail delivery have partnered to launch the “Redpack Mi Promesa” MasterCard prepaid card. The Redpack branded “Mi Promesa MasterCard” reloadable prepaid card offers US-based clients the ability to fund their own cards as well as those of family members that are also “FiCentive Mi Promesa” companion cardholders. Providing full-service prepaid card solutions to merchants, financial institutions, and consumers whose financial service needs are not being met by the more traditional financial services organizations and products. These agreements leverage the strong Redpack brand to provide underserved clients a flexible tool to help them manage their financial needs.

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Webseries Platform Offers New Payment Option

Bottomline Technologies collaborative payment, invoice and document automation is making its “Paymode-X” functionality available in the “WebSeries Cash Management Platform.” With this, “Paymode-X” functionality in “WebSeries” will allow banks to enhance their payment applications and capture additional business by offering electronic remittance delivery to suppliers already on the world’s largest and fastest growing business to business payment network. Access to the “Paymode-X” network allows banks the ability to offer their clients accelerated conversion from paper to electronic payments. Integrating more closely with clients’ back office processes provides banks the opportunity to increase customer retention and grow revenue. Also, “Paymode-X” bank customers and their suppliers realize dramatic savings in processing costs by converting to electronic payments and remittance information.

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Discover Business Watch Skyrockets 10.4 Points M/M

Small business economic confidence was way up in October for the second month in a row, as the Discover “Small Business Watch” jumped to 84.2 in October by 10.4 points from 73.8 in September. This biggest one month gain since April demonstrates From a political standpoint, 51% of small business owners say it would be better for the GOP to control Congress, 39% said it’s better for Democrats to remain in control, 12% aren’t sure; more small business owners report economic conditions for their businesses and for the country are getting better, with 28% of small business owners expecting economic conditions for their businesses to get better in the next six months, up from 20% last month, while 43% think conditions will worsen, down from 55%, and 24% expect no change. Meanwhile, 31% say the economy is getting better, up from 26% in September; 48% say it’s getting worse; 17% think it’s the same; 22% plan to increase spending, up from 16 percent last month; 46% plan to decrease spending, down from 57% in September; 30% expect no changes for the next six months; 46% have cash flow issues, unchanged from last month; 50% do not have cash flow issues; 61% rate the economy as poor, down from 68% last month; 31% rate it fair, 5% rate it good, and 2% rate it excellent. From a political standpoint, 51% of small business owners say it would be better for the GOP to control Congress; 39% say Democrats; 12% aren’t sure; 49% would choose the Republican candidate if the elections were held today, 38% would vote for the Democrat, 4% would choose another party and 9% are not sure.

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